Ocean Dune-Sibaya has officially "sold out" in record time since launching to the public a mere four months ago. Residential sales to date total over R900 million and with the further R100 million Retail segment in the pipeline, the estimated investment will be in the region of R1 bn.
Investors had a selection of 260 one to four-bedroom apartments and penthouses to choose from.
Only four short months since launching, OceanDune Sibaya has achieved a remarkable sell-out success. Since launch day, where the development claimed record-breaking sales for three of its luxury penthouses - R17, 5million, R14.5 million and R12, 5million - the interest in OceanDune has steadily continued. The first development within the much-anticipated Sibaya precinct, the success of OceanDune will pave the way for all developments planned for this emerging coastal node, and confirms the level of demand for lifestyle developments of this calibre on KwaZulu Natal's North Coast. Developer of OceanDune, Charles Thompson, confirms, "We are delighted with the success that OceanDune achieved. Now that the development is sold out, we look forward to our next milestone, which is to officially commence with construction."
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